New Mexico HB70 amends the Public Regulation Commission Act to clarify duties of the commission and its supporting agency, create the Utility.
New Mexico HB70 amends the Public Regulation Commission Act by distinguishing between the Public Regulation Commission and the agency that supports it. The bill clarifies the statutory duties of the commission and its supporting agency, including the creation of the Utility Oversight Fund. It also adjusts fee structures for pipeline operators and changes the distribution of collected fees and penalties. The commission is tasked with managing the Utility Oversight Fund, which consists of fees collected, appropriations, gifts, grants, and earnings on investment.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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